iVSAChart Follow The Smart Money: February 2018

Wednesday, February 28, 2018

TENFU (CAYMAN) HOLDINGS COMPANY LIMITED - Feb 28, 2018 (Weekly Stock Pick)

We notice there is a clear smart money campaign happened from accumulation (stage 1) followed by mark-up (stage 2) based on TENFU (CAYMAN) HOLDINGS COMPANY LIMITED weekly chart. With the evidence of Sign of Strength as iVSA chart above, smart money took a 7 months, from March 2017 to Oct 2017, to accumulate. TENFU (CAYMAN) HOLDINGS COMPANY LIMITED broke through the resistance level in Oct 2017 with volume. Smart money continues to mark-up the price for more than 5.13% in few weeks after the breakout. The actions by smart money have been spotted by the Green Arrow during the mark-up stage.

TENFU (CAYMAN) HOLDINGS COMPANY LIMITED reached maximum high and we can see great profit taking have take place with the Red Sell Diamond in Sept 2017. Since the Red Arrow appeared, price is consistent moving upwards. We prefer to wait for more Sign of Strength to ensure the smart money continues to participate on the uptrend.

Weekly Market Outlook for FBM KLCI by iVSAChart - Feb 28, 2018

KLCI market was remarkably moving upwards in the past few months. Since the country is anticipating its 14th general election, due to results of votality in market, in a few days, it started moving sideways.

The market outlook for FBM KLCI recap noted below:

Looking at the Major Green Diamond Buy Signal on Dec 12, 2017, 1729.67 was the closing price. The buy condition has been triggered, observing the bar next day and according to iVSAChart ATA Diamond.

On Feb 8th, we noticed the Red Diamond (sell signal) appeared based on the 6-month period chart. Within the last couple of months, there has been slight decrease about 2.19% on FBM KLCI.

On Dec 13, 2017 trend reversal (indicates Sign of Strength together with both Green Diamond Buy Signals) was noted with closing price of 1737.66.

Since the Red Sell Diamond (sign of weakness) appeared on Feb 8, 2018, but other sign of strengths have been spotted. Despite the strong signals that rallied in the past few months, this indicates that the market has started to weaken.

Do follow us to get the updated Market Outlook to stay ahead of the others!

Disclaimer: This post is meant for information sharing. It does not served as trading ideas for buy or sell. Please do your research and practice prudent risk management as you are responsible for your own decisions.

Major & Minor Diamond Buy Feb 22, 2018

Major

KLSE

BORNEO AQUA HARVEST BHD
closing price LC (green diamond) 0.915

HKEX

CHINA CONCH VENTURE HOLDINGS LIMITED
closing price LC (green diamond) 22.6

Minor

KLSE

FRONTKEN CORPORATION BHD
closing price LC (green diamond) 0.47

HKEX

TIANGONG INT'L
closing price LC (green diamond) 1.48

NYSE

WNS (Holdings) Ltd ADR
closing price LC (green diamond) 45.17

Nasdaq

Caladrius Biosciences Inc Common
closing price LC (green diamond) 4.56

Tuesday, February 27, 2018

FTSE KLCi (3-month period) - KLSE Market Review

Green and red diamonds were spotted on this 3-month period. The market has turned bearish since the appearance of red diamond on Feb 8, 2018. On Feb 27, 2018 line change was noted. The market has moved above the 50MA support line since Nov 28, 2017. The Market Stage was green on Feb 27, 2018 which is healthy for the KLSE. An increase in volume was noted today.

STI.SI (3-month period) - SGX Market Review

Red sell and green diamonds were spotted on this 3-month period. The market became bearish since the appearance of the red diamond on Jan 30, 2018. On Jan 24, 2018 line change was noted. The market has moved above the 50MA support line since Dec 27, 2017. The Market Stage was red on Feb 27, 2018 which is not healthy for the SGX. An increase in volume was noted today.

Major & Minor Diamond Buy Feb 21, 2018

Major

KLSE

BM CONSUMER
closing price LC (green diamond) 675.28

HKEX

SYMPHONY HOLD ORDINARY
closing price LC (green diamond) 1.05

NYSE

PNC Financial Services Group Inc Common
closing price LC (green diamond) 161.28

Nasdaq

MyoKardia Inc Common
closing price LC (green diamond) 58.25

Minor

KLSE

FORMOSA PROSONIC INDUSTRIES
closing price LC (green diamond) 1.88

SGX

Cityneon Holdings Ltd
closing price LC (green diamond) 1.06

NYSE

Biglari Holdings Inc Common
closing price LC (green diamond) 417.86

Major & Minor Diamond Buy Feb 20, 2018

Major

SGX

Dbs Group Holdings Ltd
closing price LC (green diamond) 28.03

HKEX

LIFESTYLE PROPERTIES DEVELOPMENT LIMITED
closing price LC (green diamond) 11.28

NYSE

Milacron Holdings Corp Common
closing price LC (green diamond) 20.45

Nasdaq

Star Bulk Carriers Corp Common
closing price LC (green diamond) 12.14

Minor

KLSE

MY E.G. SERVICES BHD
closing price LC (green diamond) 2.63

HKEX

UNITEDENERGY GP ORDINARY
closing price LC (green diamond) 0.66

NYSE

Direxion Semiconductor Bull 3X Shares ETF
closing price LC (green diamond) 161.41

Nasdaq

Vanda Pharmaceuticals Inc Common
closing price LC (green diamond) 18.70

Monday, February 26, 2018

iVSAChart Market Outlook #15 - 23rd February 2018

Seize this opportunity to gain useful, informative and relevant insights on market outlook for on the KLSE, SGX, HKEx and US markets, brought to you by iVSAChart.

Please click the URL link below to watch iVSAChart Weekly Market Outlook video and discover what lies ahead for the stock market this week!

https://youtu.be/wsEtj9R6fiA

If you like this video, feel free to share it with your like-minded friends, colleagues and relatives.

Disclaimer: The information in this video serves as a reference for informational purposes only and does not constitute a buy or sell call. Viewers are advised to conduct their own research and assessment before deciding to buy or sell any stock. Please note that as a viewer, you are responsible for the associated risks on the buy and sell decisions that you make on any stock.

Sunday, February 25, 2018

Major & Minor Diamond Buy Feb 19, 2018

Major

KLSE

BOUSTEAD HOLDINGS BHD
closing price LC (green diamond) 2.92

Minor

SGX

Valuetronics Holdings Ltd
closing price LC (green diamond) 0.94

Stock market can forecast the business cycle...

What you might expect is that the stock market anticipates movements in the economy: in recessions profits and earnings are down so stock prices should fall as soon as a recession is anticipated by the market.

Thursday, February 22, 2018

Major & Minor Diamond Buy Feb 16, 2018

Major

NYSE

Cullen/Frost Bankers Inc Common
closing price LC (green diamond) 109.10

Nasdaq

One Group Hospitality Inc Common
closing price LC (green diamond) 2.51

Minor

Nasdaq

Pinnacle Financial Partners Inc Common
closing price LC (green diamond) 65.90

When you are going through hell...

As you walk through life, you will fall down many times. You will fail and you will make mistakes, but that’s okay. Keep in mind that life is a process of becoming. You go through life to find yourself, to become yourself. Through every little thing you do, through every word you say and through every action you take, you are meant to discover more and more about yourself. About your inner journey, your life path and about the purpose and meaning of your own life.

Wednesday, February 21, 2018

WAH SEONG CORPORATION BHD - Feb 21, 2018 (Weekly Stock Pick)

We notice there is a clear smart money campaign happened from accumulation (stage 1) followed by mark-up (stage 2) based on WAH SEONG CORPORATION BHD weekly chart. With the evidence of Sign of Strength as iVSA chart above, smart money took a 9 months, from Feb 2017 to Nov 2017, to accumulate. WAH SEONG CORPORATION BHD broke through the resistance level in Nov 2017 with volume. Smart money continues to mark-up the price for more than 6.70% in few weeks after the breakout. The actions by smart money have been spotted by the Green Arrow during the mark-up stage.

WAH SEONG CORPORATION BHD reached maximum high and we can see great profit taking have take place with the Red Sell Diamond in Dec 2017. Since the Red Arrow appeared, price plunges slightly and now moving sideways. We prefer to wait for more Sign of Strength to ensure the smart money continues to participate on the uptrend.

Weekly Market Outlook for FBM KLCI by iVSAChart - Feb 21, 2018

In the past few months, KLCI market was remarkably moving upwards. But in a few days, it started moving sideways, which we believe is due to results of votality in market since the country is anticipating its 14th general election results in which some of the stock of companies are politically driven.

Here's a weekly recap on the market outlook for FBM KLCI.

Based on the 6-month period chart, on Feb 8th, we noticed the Red Diamond (sell signal) appeared. There has been slight decrease about 2.19% on FBM KLCI, within the last couple of months. Looking at the Major Green Diamond Buy Signal on Dec 12, 2017, 1729.67 was the closing price. The buy condition has been triggered, observing the bar next day and according to iVSAChart ATA Diamond.

Trend reversal was noted on Dec 13, 2017 with closing price of 1737.66 which indicated Sign of Strength together with both Green Diamond Buy Signals.

Other sign of strengths have been spotted, but it started to weaken since the Red Sell Diamond appeared on Feb 8, 2018. This indicates that the market has started to weaken despite the strong signals that rallied in the past few months.

Do follow us to get the updated Market Outlook to stay ahead of the others!

What is a rally?

Rallies are caused by an increase in the amount of people buying into a market. That increased demand leads to increases in price. Rallies can occur in both bull and bear markets, with a bear market rally typified as a brief period of upward momentum in an otherwise downward.